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Investor group wants to buy Saturn, sell overseas brands

An investor group called Telesto Ventures says it wants to acquire Saturn's retail operations and provide dealers with vehicles from General Motors through 2011 and mostly overseas manufacturers thereafter. A GM spokesman said today the group's proposal is legitimate and "very interesting." "I can tell you this is one of the interested parties with Saturn, and we have been working with them throughout this process," said spokesman Steve Janisse. "There are other interested parties as well who we're working with.

Maserati Ghibli teased ahead of Shanghai Motor Show debut

Maserati appear to be teasing the arrival of the smaller Quattroporte – the Maserati Ghibli – at the Shanghai Motor Show later this month. Maserati is on a bit of a new model rush at the moment, and it looks like the tease photo they’ve released today is for the new Maserati Ghibli. The Maserati Ghibli isn’t going to be a sporty coupe – as you might reasonably expect – but a cut-down version of the new Quattroporte, designed to take on the performance versions of Europe’s executive express cars – think BMW 5 Series, Mercedes E Class and Jaguar XF.

Bugatti Veyron Grand Sport Vitesse sets World Speed Record: OFFICIAL

What it was was a new world speed record for the Bugatti Veyron Grand Sport Vitesse, Bugatti’s convertible Veyron, which had been out playing at VW’s Ehra-Lessien test track in the hands of Chinese driver Anthony Liu, and under the watchful eye of Germany’s Technical Inspection and Certification (TÜV) to certify the Vitesse’s performance. That new world speed record for an open-topped production car is now officially 408.84kph (254mph), so Bugatti are dong what Bugatti do and producing a limited edition World Speed Record car – the Bugatti Veyron Grand Sport Vitesse WRC Edition. The Vitesse WRC comes with Bugatti’s 7.9 litre W16 with 1184bhp, 1,106lb/ft of torque and the same orange and black colour scheme as the Grand Sport World Record Coupe got when it broke the world speed record for a production car.